GBPUSD Will Keep Falling!GBP-USD is trading in a
Downtrend and the pair
Has formed a Bearish wedge pattern
so now that we are
Seeing a bearish breakout
I think that the price
Will go further down!
Gbpusdforecast
One last push before coming downGBPUSD is still on the downtrend with the bears not backing out anytime soon. However, there seems to be a change in trend as the pound creates a higher low.
Question is, will that support hold and be enough for the bulls to change the course of trend towards the LQP and reach the D point of the Shark Pattern?
GBPUSD looking for buyers?GBPUSD breaking the nearest resistance. This pair has positive correlation with EURUSD which looks alike price movements. It's now on "QM Buy" zone, consider to looking for buy opportunity.
Safer entry after trendline breakout. It's time to buy?
GBPUSD Technical Forecast and Trading StrategyWelcome back! Let me know your thoughts in the comments!
** GBPUSD Analysis - Listen to video!
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GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD Analysis 12Oct2023During this week, the GBPUSD managed to overcome two bearish obstacles - a trendline and CHoCH formation. This strengthens the analysis that in the medium term, the GBPUSD trend has shifted to being bullish. The initial target for this trend is the SND area, which also intersects with the trendline (marked in red).
GBPUSD Bullish Breakout!GBP-USD was trading in
A falling parallel channel
But now we are seeing
A bullish breakout
So after the pullback and
Retest the pair is likely
To go further up !
GBPUSD END-WEEK ANALYSIS UPDATE 01/10/2023GBP/USD Bearish Outlook 📉
Watch out for potential bearish momentum in GBP/USD as the US Dollar strengthens. Plan short positions with a well-defined entry, stop-loss, and take-profit. Manage your risk wisely. 🚀💹 #GBPUSD #Forex #TradingView 📉
GBPUSD Analysis H1Here is my analysis for GBPUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPUSD WEEKLY ANALYSIS-UPDATE 01/10/2023Anticipating Dollar Weakness for GBP/USD
📉 Expecting Dollar weakness to trigger a potential retracement on GBP/USD. Keep an eye on this pair for a possible pullback and correction and after we head back down following the current trend. 📈 #GBPUSD #Forex #TradingViewAnalysis
GBPUSD END-WEEK ANALYSIS-UPDATE 24/09/2023GBP/USD: Navigating Forex's Ebb and Flow - A Close Eye on DXY
GBP/USD has been a rollercoaster lately, with our earlier anticipation of a recovery proving accurate. Yet, in the ever-changing forex landscape, we must prepare for the next chapter.
Now, I'm keeping a watchful eye on a potential downturn for GBP/USD, in response to a stronger US dollar. A crucial note: this scenario hinges on the DXY maintaining its price above 105.864. Join me in this forex adventure as we navigate market fluctuations. Stay tuned for the upcoming developments! 📉📈 #GBPUSDAnalysis #MarketDynamics #TradingView
GBPUSD Technical Analaysis and Trade IdeaThe GBPUSD has exhibited a notable shift in behavior compared to the downtrend last week. We observed some upward momentum from Friday into Today. The critical question at hand is whether this signals the onset of a bullish or bearish week ahead.
Most recently, the cable has leaned towards a bearish bias; however, there may be room for an early-week retracement, potentially resulting in a green weekly candle. Conversely, there is a plausible argument for a bearish week ahead.
In our video analysis, we will meticulously evaluate the pros and cons, carefully weighing all factors to formulate a potential trade entry strategy, possibly during the New York Open today or even the London open tomorrow. It's important to emphasize that the content of this video is provided for informational purposes only and should not be interpreted as financial advice.
GBPUSD Bearish Bias!GBP-USD is trading in a
Downtrend in a falling
Channel and I think
That we will see
Bearish continuation!
GBPUSD Analysis 1 Okt 2023The GBPUSD price movement is similar to EURUSD. When the main trend is bearish, any bullish activity is part of the correction.
GBPUSD MID-WEEK ANALYSIS-UPDATE 24/09/2023Based on my analysis, I'm currently focused on pursuing continuation shorts for GBP/USD due to the prevailing bearish market conditions. However, should the market dynamics undergo a transformation, I'll be setting my sights on targeting the FVG D for potential buy opportunities. Keep an eye on this evolving scenario and stay adaptable in your trading strategy. 📉📈 #GBPUSD #ContinuationShorts #MarketAnalysis
GBPUSD Technical Analysis and Trade IdeaDelving into the GBPUSD currency pair's analysis, we observe a significant development: it has reached a crucial support level after experiencing a substantial bearish trend. At this juncture, it becomes apparent that the price is stretched, potentially signaling an impending retracement.
As always, the video accompanying this description offers a comprehensive exploration of key factors, including price action, market structure, and various critical aspects of technical analysis. It is imperative to stress that the information shared in this content is exclusively for educational purposes. It should not, under any circumstances, be construed as financial advice. Therefore, it remains paramount to exercise diligent risk management strategies when participating in trading activities.
GBPUSD: Continued Downtrend Expected!Due to DXY strong bullish behaviour we are expecting price to continue the downtrend for upcoming months. Even the many large institutions have predicted GBP weakness in coming weeks.
GBPUSD Analysis H1Here is my analysis for GBPUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#GBPUSD: EASY 200 PIPS SETUP!Dear Traders,
Hope everyone having a great week, we have an excellent buying opportunity on $FX:GBPUSD. DXY is extremely bullish and recently it has been overbought, mainly due to that main reason we think price will be bullish in coming week.
If you like our work then please do like our ideas and comment your views let's make the trading community easy to access for everyone.
GBPUSD Analysis 18Sep2023I see that there is a possibility of a bullish minor for GBPUSD. Where at this time the price is seen responding positively in the support area, like my analysis last week and seeing the condition today where the candles formed tend to be less volume, then there is a possibility for reversal. If you want to do Long, you can at a small risk below 20pips.
"Bearish Outlook: GBPUSD Descending Channel Analysis"GBPUSD is still in Descending channel - bearish market, expected to fall towards support near $1.23100 before making retracement from broken support around 1.26070 - where we are likely to get the best trades (bears).
Considering the broken ascending channel on the Daily TF plus the small ascending channel on the lower 4H-1H time frames, this puts us in mind, it indicates more bears in the market.
GBPUSD forming H&S in Daily Timeframe.GBPUSD is now heading towards an important level after breaking the recent small head and shoulders support/neckline around 1.25900, we expect the price to fall at the market open to this level at $1.23250, basically the market has already had broken the ascending channel at $1.27900 due to the head and shoulders formation.
The "Head" - @1.31280 and shoulders price level can be seen at @$1.28050. This pattern is clearly seen on the lower time frames - 4H and H1 and the market appears to be making another head and shoulders formation and this tells us that more bearish market is on the way.
🔥: GBPUSD SETUP: NEUTRAL
🔥BUY ZONE: $1.23180
🔴SL: - $1.2285
🟢TP - $1.2601
Next
🔥SELL Zone: $1.2678
🔴SL: - Open
🟢TP - $1.2340
🟢TP - $1.1992
